[BANGKOK] Thai consumer confidence dropped in January for the first time in 5 months, hurt by a spike in coronavius cases, a slow economic recovery and high prices of goods, a survey showed on Thursday (Feb 10). The consumer index of the University of the Thai Chamber of Commerce fell 3 per cent on a […]
Read MoreThe Philippines on Thursday reopened its borders to foreign tourists, lifting a two-year ban implemented to keep local Covid-19 cases under control. Easing border restrictions to fully vaccinated foreigners from 157 countries with visa-free arrangements with the Philippines marks the beginning of the “next chapter in the road to recovery,” Tourism Secretary Bernadette Romulo-Puyat said. […]
Read MorePETALING JAYA: The local labour market is expected to continue on its recovery path this year based on recent trends. This is premised on expectations that vaccination rates will continue to stay high and effective which will likely help keep Covid-19 under control. TA Research said it is expecting the jobless rate to trend lower […]
Read MoreMANILA – Trade among economies in the Asia-Pacific rose to the highest level in three decades, bolstering the region’s economic resilience amid the pandemic even as mobility restrictions and supply-chain disruptions hampered global trade, the Asian Development Bank said in report on Wednesday. The strong intraregional trade, along with the release of pent-up global demand […]
Read MoreMANILA, Philippines — The Philippine economy may grow faster this year, prompting the Bangko Sentral ng Pilipinas (BSP) to hike interest rates, Japanese investment bank Nomura said. It said the country’s gross domestic product (GDP) growth may accelerate to 6.5 percent this year, but below the seven to nine percent target set by the Cabinet-level […]
Read MoreThe Cambodian government on Wednesday extended tax holidays for tourism-related establishments for another six months from January to June 2022 in a bid to boost business activity in the COVID-hit tourism industry. “All kinds of monthly taxes for hotels, guesthouses, restaurants and tour companies, that have been registered with the General Department of Taxation and […]
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Thailand
